Area Intelligence

RATU MUTIARA (TAMAN RATU)

20 properties
Low-Cost Flat
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Median Price
RM 42,000
PSF: RM 59

Residential Market

Median Price

RM 42,000

IQR: RM 381
RM 59 PSF 96.0%

PSF Trends (2021-2025)

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 20 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 42K and a median price per square foot (PSF) of RM 59.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Low-Cost Flat category, low-cost flat dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 59, with most transactions between RM 59 and RM 59. The usual range is RM 0.00 to RM 249.50, showing that most units are priced quite close to each other. With an IQR of RM 381.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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RATU MUTIARA (TAMAN RATU), Timur Laut, Penang

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Transactions

20 properties grouped by size

700 sqft
20 units (showing 6) Low-Cost Flat
RM 42,000
710 sqft · RM 59.00 PSF
Jan 2024
RM 42,000
710 sqft · RM 59.00 PSF
Oct 2022
RM 42,000
710 sqft · RM 59.00 PSF
Sep 2022
RM 42,000
710 sqft · RM 59.00 PSF
Sep 2022
RM 42,000
710 sqft · RM 59.00 PSF
Sep 2022
RM 42,000
710 sqft · RM 59.00 PSF
Jun 2022